I know a lot of the times, specifically technology investors, tend to gravitate towards stocks that are generally low in price and are in some cases risky. These are the companies that have shaped the smart investor’s portfolio.
All it takes is one or two solid wins to change a lifestyle.
It’s for that reason that these types of investors shy away from mega caps like Google and Apple. But there’s something that shouldn’t be overlooked here…
There are ways to benefit from let’s say, Apple, without investing in it – and in one specific case at a deep 75% discount.
Behind every great company there are the companies that made them great.
You see, companies like Apple outsource the guts to their phones, laptops, tablets and wearable devices to strong, technological leaders of the industry.
Apple receives bids from all sorts of companies who claim to have the newest technology, reliable products and all for a fair price. Then, once Apple selects them, it pretty much turns a mediocre earning company into Donald Freakin Trump overnight.
I want to introduce you to a company that is on the cusp of being one of those “Donald Trumps”.
The company, InvenSense (INVN,) designs, develops, markets, and sells micro-electro-mechanical system (MEMS) gyroscopes for motion tracking devices in consumer electronics.
INVN delivers motion interface solutions based on its multi-axis technology that target smartphones and tablets, console and portable video gaming devices, digital still and video cameras, smart TVs, navigation devices, toys, and health and fitness accessories. It offers MEMS motion sensors, such as gyroscopes, accelerometers, compasses, and pressure sensors, as well as microphones.
The word is that InvenSense is about to get awarded with a major deal to supply all of the gyroscopes for Apple’s new wearable devices! And that could add up to be an unprecedented amount of units.
Here’s the reason why I’m so sure…
Rosenblatt Securities believes InvenSense (INVN) has won designs for the iPhone 6, iWatch and some iPads, representing sole-source wins and some shared. The analyst expects Apple’s new product lines to ship between 30-40M units of 6-axis gyroscopes to Apple ODM’s in Q3. Their view should have a meaningful impact on INVN’s Q3&Q4 2015 revenues.
Folks, I think when (and if) this news is released, we’ll see this $23 stock jump immediately to $50 and probably the next stop could be $65.
So keep an eye on INVN because this type of opportunity doesn’t come around often, but when it does, investors stand to profit – and profit handsomely.